REI Lense

REI Lense

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$2,692 (target)

2222 Pearl St, Portsmouth, VA 23704

3 beds • 2 baths • 1288 sqft

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This property could be a profitable Mid-Term investment with a projected 31.99% first-year return on $38,790 initial cash invested.

31.99%

Cash On Cash

19.9%

Cap Rate

3.28

DSCR

$2,692

Rent

$1,034

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$99,000

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,790

Downpayment

20%

$19,800

Closing costs

1%

$990

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$2,692

Total Expenses

$1,658

Mortgage P&I

19%

$500

Property Taxes

8%

$207

Home Insurance

1%

$35

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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